COLONY FIRST FEDERAL SAV. AND LOAN ASS'N v. FEDERAL SAV. AND LOAN INS. CORP.

Nos. 85-7266-WMB, 85-8290-WMB.

643 F.Supp. 410 (1986)

COLONY FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, et al., Defendants. CROSSLAND SAVINGS FSLA, Plaintiff, v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, et al., Defendants.

United States District Court, C.D. California.

September 4, 1986.


Attorney(s) appearing for the Case

Dana N. Levitt, Barton Klugman & Oetting, Los Angeles, Cal., E. Robert Levy, Levy & Lybeck, Union, N.J., for Colony First Federal Sav. & Loan.

Robert Bonner, U.S. Atty., Roger West, Asst. U.S. Atty., Jeffrey Axelrad, U.S. Dept. of Justice Tort Branch, C. Stephen Howard, Tuttle & Taylor, Los Angeles, Cal., Nikki Calvano, James Roethe, Pillsbury, Madison & Sutro, San Francisco, Cal., for Federal Sav. & Loan.

Marc Marmaro, Jeffer, Mangels & Butler, Los Angeles, Cal., for Crossland Sav.


ORDER GRANTING MOTIONS TO DISMISS

WM. MATTHEW BYRNE, Jr., District Judge.

Plaintiffs, Colony First Federal Savings and Loan Association (Colony) and Cross-land Savings FSLA (Crossland), bring two related actions against the Federal Savings and Loan Insurance Corporation (the FSLIC), the Federal Home Loan Bank Board (the Bank Board), the Federal Home Loan Bank of San Francisco (the Bank of San Francisco) and the United States to recover damages they allegedly...

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